Hello there to all & KUDOS to the admin{& members} here for d wonderful site!!
Plz Help me with my problem..My FATHER now suffering from kidney failure last 1yr..He had taken a property worth 4Lakhs in 2004 on 15yr Home loan from SBI Bank..Even I started earning now from an year & save around 10K every month d/t his ongoing treatment..I went with my father to bank & they told me to make some prepayments to decrease the principal Amount..Principal amount left is ard 2.4Lakhs..I have around 1lakh in my bank as my extra savings..So should I deposit the lumsum 1Lakh amount as per said or do something else..I vl be v.helpful for making me plan the proper strategy for how to move ahead uptill the end in this scenario..This will be a SAVING for my father’s treatment..
Thanks..Expecting some good replies as HELP:-)